Why sports betting is doing well in the stock market

I know it may sound crazy to many of you, but if done correctly sports betting can be a much more profitable form of investment than the traditional options we are used to such as stocks, bonds and mutual funds.

Let me ask you this question: How are you doing in the stock market?

If you’re like most, you’ve seen some small returns or worse, some big losses.

What is the interest rate that your bank gives you? 2% or 3% if you are lucky. I’m sure you’ll agree that these options don’t really sound that great. Now let’s look at the profit potential that sports betting can offer.

Since most people don’t see sports betting as a realistic investment vehicle, most end up failing. They bet on their favorite teams, don’t pay attention to their bankroll, and bet just because the game is on TV. What I want to show you today is that sports betting can be lucrative if done correctly.

Let’s say you start with $1,000 of funds that you set aside for sports betting. Of course, you could have more or less, but for this example I’ll use $1000 to illustrate. Now what a lot of people do is bet $100 on a game. and maybe another $200 or $300 on another game they like better. Unfortunately, this is too much to bet on in one game. What I personally do and recommend is to never wager more than 5% of your bankroll on any given game. with this example, your bets should not be more than $50 per game.

Some of you may already know this, but to break even with sports betting, you need to win 52.4% of your bets using the 11/10 offered on major sports such as American football and basketball. the NFL. For this example, we will say that you will bet on only 2 games per day and use a very conservative win rate of 57%. This is what the numbers would look like after 1 month.

Initial funds $1,000
Bet amount (5%) $50
Win rate 57%
Total Games Bet 60 (2X30days)
#Win 32
# Losses 24
Total wins 8
Juice or Vig 10%** 2.4
Net earnings 5.6
Total Money Earned $280

Total Increase % 28%
Final financing $1,280

**Juice or Vig is the % that online sportsbooks keep to accept your bets. Usually 10%

After reviewing the numbers in this conservative example, you can easily see that you would have made a profit of $280 and increased your total funds by 28% With a 28% increase after just 1 month, I’m sure you’d agree that these are amazing results, but we’re not done there. For month two, you need to recalculate 5% of your new $1,280 budget, making your new bet $64. Going with this example and a 28% monthly increase at the end of 1 year, you would have increased your starting bankroll from $1,000 to $19,342 and an incredible interest rate of over 1,900 percent.

So let me ask you the question again: How did you do in the stock market? Even if you lower your win rate to 56% or 55%, you’ll still have exceptional returns for the year. Whichever way you look at it, investing in sports should be considered more seriously as a realistic investment opportunity.